BTCUSD Dec 27

The volatility remains low in the crypto markets as investors are out for Christmas and new year holidays, despite that, we may see slight movement in the market. The BTC/USD continues to maintain a sideways trading range of 7,300 - 7,210. The leading crypto pair is consistently forming lowers low on hourly timeframe, which is suggesting bearish bias among traders. Continuation of bearish trend and breakout of 7,210 can lead Bitcoin prices towards 7075 level.